How Is a Mortality Charge Determined and What Is It?

How Is a Mortality Charge Determined and What Is It?

A mortality charge is the cost of pure life insurance, which is based on experience tables developed by actuaries and on actual mortality experiences. Each life insurance company has their own mortality charges based off information from these tables. The difference in mortality charges among life insurance companies can have a greater impact on a policy’s performance than any interest return or dividend.

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When to buy life insurance if at risk for cancer

When to buy life insurance if at risk for cancer

The American Cancer Society is calling attention to new data showing that fewer people have been dying of cancer in recent decades.

The organization said that since the declaration of a “war on cancer” in 1971, improvements have been fueled by a decline in tobacco use, as well as increased screening procedures and what was described as “modest to large improvements in treatment” for various types of cancer.

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